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Boeing CEO warns no quick fix to planemaker's crisis as losses balloon to $6 billion
By Abhijith Ganapavaram, Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a "fundamental culture change" at the struggling planemaker as its quarterly losses surged to $6 billion due to a crippling strike.
Boeing's new CEO vows to make it 'iconic' again after posting $6.1 billion loss in his 1st earnings
"With the right focus and culture, we can be an iconic company and aerospace leader once again," said Boeing CEO Kelly Ortberg
Boeing CEO says the company must fundamentally change as losses surge
Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.”
Boeing CEO presses turnaround as loss balloons to $6 billion
(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a "fundamental culture change" at the struggling planemaker as its quarterly losses surged to $6 billion due to a crippling strike.
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.
1d
on MSN
Boeing CEO’s Effort to Rebuild Planemaker Suffers Strike Setback
Boeing Co. Chief Executive Officer Kelly Ortberg’s quest to stabilize the struggling US planemaker suffered a stinging ...
11h
Union's rejection of Boeing offer threatens jobs at aerospace suppliers
Striking workers' rejection of planemaker Boeing's latest contract offer has created a fresh threat to operations at ...
2d
Boeing CEO Says Planemaker’s Problems Will Take Time to Fix
Boeing Co. Chief Executive Officer Kelly Ortberg provided an unvarnished view of his company at a crossroads, absorbed by ...
2d
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
CEO Kelly Ortberg said Boeing is now reviewing its businesses and may end up selling some assets, as it downsizes its ...
Zawya
2d
Boeing CEO says planemaker is overstaffed, needs to adjust
"We need to right size and be efficient, and I think we need to continue to do that as we go forward," he told CNBC in an ...
1d
Boeing's shares fall after workers reject latest offer
Oct 24 (Reuters) - Boeing (BA.N) shares fell 2.7% in U.S. pre-market trading on Thursday after workers voted to extend a ...
1d
on MSN
Boeing workers vote to reject contract deal, extending strike
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to ...
cnbctv18
1d
Boeing workers reject pay proposal again, strike to continue despite planemaker’s $6 billion loss in Q3
Boeing had offered a new labour contract that would have increased striking factory workers’ wages by 35% over four years.
Business Insider
14d
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Bank of America analyst Ron Epstein estimated that the strike is costing Boeing $50 million a day. The
planemaker
is also ...
New York Post
29d
Boeing 737’s wheel falls off shortly after landing in Argentina in latest potential safety fail by planemaker
The wheel of a Boeing 737 fell off shortly after landing in Argentina in the scandal-scarred
planemaker
’s latest potential safety fail. The Aerolineas Argentinas flight had just traveled from ...
9d
on MSN
Planemaker Embraer spending $70 million to expand Fort Worth maintenance base
Embraer will invest up to $70 million in new MRO facilities for commercial jets at Perot Field Alliance Airport in Fort Worth ...
7h
Cash-strapped Boeing's new CEO considering pawning off space division, exiting Nasa deals
Boeing has long been a contractor for the National Aeronautics and Space Administration (Nasa), but its space program has ...
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